Reaffirmation and exclusion are two very different things when it comes to bankruptcy. No debts can be excluded from bankruptcy. “All debts are listed or included in bankruptcy,” Morgan said. “You ...

What Happens to Unsecured Debt in a Bankruptcy? In a bankruptcy, such as a Chapter 7 filing, debtors are able to discharge their unsecured debts. Most of the time, unsecured debt is wiped out.

Suppliers, vendors and other unsecured creditors of Forever 21 are "getting smoked" under a restructuring plan that envisions ...

With this type of bankruptcy, all or most of your unsecured debts can be discharged in as little as four months and the success rate is high: Almost everyone who files sees a discharge ...

You don’t need a minimum amount of debt to qualify for Chapter 7 bankruptcy. Filing for Chapter 7 can significantly impact ...

While bankruptcy devastates your credit score ... It's often not a good idea to consolidate unsecured debt, such as credit cards, by using a secured loan like a HELOC. "Such a move can ...

After completing the plan, any remaining unsecured debts are discharged. While bankruptcy offers a fresh start, it comes with significant consequences. The filing remains on your credit report for ...

There are two primary types of consumer bankruptcy: Chapter 7 and Chapter 13. Chapter 7 can wipe out most unsecured debts, including credit card debt, medical debt or other types of unsecured loan ...

A committee of unsecured creditors to Forever 21 Inc.’s US operator said they are “aggressively investigating” all deals made ...

For example, Chapter 7 bankruptcy may discharge unsecured debts, including personal loans, while Chapter 13 bankruptcy allows you to restructure your debt into a manageable repayment plan.

Under Chapter 7, debtors may have their unsecured debt discharged, but it comes at a high cost. Debtors who file for Chapter 7 bankruptcy are normally required to sell many of their non-exempt ...

Title loans and Chapter 7 bankruptcy Under Chapter 7 bankruptcy, you can have unsecured debts such as medical debt, personal loans, and even promissory notes discharged. A title loan is a secured ...